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Risk Analysis

Risk Analysis

Risk Analysis

 Unlimited Attempts AllowedDetails

Complete the assigned weekly reading and review the case study below. Respond to the questions below in a 3-5 page Word document. Assignments are worth 20 points each and will be graded on content, spelling, and grammar. They are due Sunday by 11:59 pm. 

Keep in Mind: You will need to perform independent research beyond the course text materials in order to discuss and explain the elements of a comprehensive and well-thought-out position. Consider all facets that are necessary to be proactive and successful in evaluating not only what is happening now, but also the potential future landscape.

Assignment

Taking all of the information that we have discussed in our readings and the case study below, please prepare a 3-5 page analysis for your CIO which will be used to highlight potential risks within your organization.  

In your analysis, you will need to perform independent research beyond the course text materials in order to discuss and explain the elements of your evaluation.  

  • Do you agree with ATN’s decision not to proceed with the cloud migration for the myTrendek application? 
  • Can the risks identified be responsibly mitigated?
  • Are there other risks that your research identified? 

You may find that an appendix with examples could be helpful in presenting your analysis.

Your analysis should include the following pieces:

  • Cover page
  • Abstract
  • Introduction
  • Conclusion
  • References in APA format.
  • Checklist or appendix if necessary

Respond

Answer the following questions in a substantive manner:   

  1. Do you agree with ATN’s decision not to proceed with the cloud migration for the myTrendek application? 
  2. Can the following risks be mitigated: no complex passwords; no encryption; data must be deleted after six months. Please explain.

Submit

Your final Risk Analysis should include a cover page, abstract, introduction, conclusion, and references. These pages are not included in the total page count needed for this assignment. With your references, plan to put them in APA format. Information on APA formatting can be found through the Maryville University Library Citation Libguide. (Links to an external site.)

Based on an assessment of its internal applications, ATN analysts identify a set of risks. One such risk is associated with the myTrendek application that was adopted from OTC, a company ATN recently acquired. This application includes a feature that analyzes telephone and Internet usage, and enables a multi-user mode that grants varying access rights. Administrators, supervisors, auditors, and regular users can therefore be assigned different privileges. The application’s user-base encompasses internal users and external users, such as business partners and contractors.

The myTrendek application poses a number of security challenges pertaining to usage by internal staff:

  • authentication does not require or enforce complex passwords
  • communication with the application is not encrypted
  • European regulations (ETelReg) require that certain types of data collected by the application be deleted after six months

ATN is planning to migrate this application to a cloud via a PaaS environment, but the weak authentication threat and the lack of confidentiality supported by the application make them reconsider. A subsequent risk assessment further reveals that if the application is migrated to a PaaS environment hosted by a cloud that resides outside of Europe, local regulations may be in conflict with ETelReg. Given that the cloud provider is not concerned with ETelReg compliance, this could easily result in monetary penalties being assessed to ATN. Based on the results of the risk assessment, ATN decides not to proceed with its cloud migration plan.

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